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![Interest from Fixed Deposit is an Unearned Passive Income derived out of Non-Manufacturing Activity and not Eligible for Deduction U/S 80IC: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Interest-Fixed-Deposit-Passive-Income-Non-Manufacturing-Activity-Deduction-ITAT-taxscan.jpg "Interest from Fixed Deposit is an Unearned Passive Income derived out of Non-Manufacturing Activity and not Eligible for Deduction U/S 80IC: ITAT [Read Order]")
Interest from Fixed Deposit is an Unearned Passive Income derived out of Non-Manufacturing Activity and not Eligible for Deduction U/S 80IC: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench presided by Mr. Aakash Deep Jain, Vice President, and Dr. B. R. R. Kumar, Accountant Member has...
![Electronic Cards can be issued for Overdraft Accounts: RBI [Read Circular]](https://www.taxscan.in/wp-content/uploads/2020/03/Access-Cards-GST-Taxscan.jpg "Electronic Cards can be issued for Overdraft Accounts: RBI [Read Circular]")
![Finance cost incurred on Overdraft obtained from Bank which is advanced to Sister Concern for Non-Business purpose is not Business Loss: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/11/Business-Loss-Taxscan.jpg "Finance cost incurred on Overdraft obtained from Bank which is advanced to Sister Concern for Non-Business purpose is not Business Loss: ITAT [Read Order]")